08/02/2012
The group, which targets the so-called ‘shadow banking’ sector not currently under the eye of regulators, is a response to the reluctance of traditional banks to lend, with ACPs taking their place.
08/01/2012
Former employee says 150,000 private shareholders 'baffled, startled and angered' by European court of human rights decision
08/01/2012
This is an integral part of the ongoing maintenance and consulting support that we provide to our ABACUS/Solvency II clients.”
08/01/2012
The charges made public Wednesday concern a failed takeover bid for Alpha Bank by National Bank of Greece in early 2011. Morgan Stanley acted as an adviser for NBG in its bid.
07/31/2012
Police took away “numerous documents, computer information and emails” from the bank’s office, according to a statement from the authorities, who are investigating whether Barclays manipulated Euribor “just as it did with Libor&
07/31/2012
Mr Green did not specify the precise charges that could be brought but it is possible bankers found guilty of manipulation could receive prison sentences of up to 10 years.
07/31/2012
In a judicial letter the investors claimed they were forced to accept the bank’s compensation offer last year even though the financial services authority was still investigating BOV’s failures.
07/31/2012
City watchdog the Financial Services Authority fears the accounts, which offer perks like travel insurance, money-off vouchers and breakdown cover, are virtually useless for millions who sign up to them.
07/31/2012
Anyone buying shares in some of France's biggest companies will now pay a controversial new tax on the transaction.
07/31/2012
Two top judges slammed Britain's fraud-busting agency on Tuesday for obtaining search warrants unlawfully during a controversial probe into property magnates Vincent and Robert Tchenguiz, dealing a fresh blow to embattled investigators.
07/30/2012
The bank declined to comment yesterday on reports that the confidential settlement included a write-off of swaps and loans worth €30 million, in addition to payment of Mr Agar’s legal fees of €1 million.
07/30/2012
It is also consistent with the recent European Commission Communication on Corporate Social Responsibility (CSR)2 and linked to other financial reforms aimed at helping to rebuild confidence in European financial markets amongst retail investors.
07/29/2012
Linklaters has one of the leading finance practices in Belgium.
07/29/2012
The team is headed by employment partner Helga Breen, white collar crime and fraud partner Eoin O’Shea and partner Richard Everett, a financial services regulation specialist.
07/29/2012
From the end of March, banks and building societies will be forced to check that customers are eligible for the insurance they sell as part of packaged current accounts that carry a monthly fee.
07/29/2012
The quality of the warnings, known as STRs, has been deemed to be good and several have sparked investigations by the regulator’s market monitoring divisions.
07/29/2012
Trade minister who headed banking division is facing further pressure
07/29/2012
Ireland’s High Court found both men and the elder Quinn’s nephew Peter Darragh Quinn in contempt of court last month for putting assets outside of the reach of Anglo Irish’s successor, Irish Bank Resolution Corp.
07/29/2012
Stephen Hester has warned that Royal Bank of Scotland is facing a huge fine over the Libor scandal that has engulfed Barclays.
07/29/2012
HSBC is also likely to face questions over the potential impact of Libor-related claims.